click to show more information

click to hide/show information About your Search

20100901
20100930
Search Results 0 to 1 of about 2
cut. host: he mentioned the stephen colbert testimony. it was written about today in "the washington post." was a good idea? guest: they can ask anybody they want to come to testify. he is from my home state of new jersey. i think he is very humorous but he is also a very intelligent. i think he is a good american. host: what to you think about the march on washington before the election? guest: i hope it is sensible. i hope it is not simply a mock -- we are good at that ourselves. we do not need stewart and colbert. lots of people have marches downtown, so why not them? host: next phone call. caller: i was watching congressman steve pomeroy, one of the so-called leaders of the blue dogs. i was thinking, they should change their name to pomeranian. all they do is yap at your feet and ask for food and they do not really do anything. you are talking about helping the middle class. i always thought the middle class was $100,000 a year. but a republican congressman was on the other day and he says it starts at $75,000 a year. well, median income for a family is $56,000. nobody represents
a morning. stephen kaplan is a lawyer -- steven kaplan is a lawyer, but he specializes in financial mortgage matters. welcome and thanks for being here. guest: thank you, susan. host: the description of one current mortgage disclosure is that they are a quagmire. would you agree? guest: i think that is probably an appropriate description. i think the different types of requirements and up being very confusing and cumbersome and a voluminous amount of paper. voluminous amount of paper. we have disclosures that allow people to shop for different products, so they can take the product that they got from lender "a" and compare it to render "b." other disclosures are informational, like be careful, your house is on the line. it is very difficult for the consumer to understand. host: and the big headline from the "wall street journal" this morning, the "housing is staying stuck." guest: probably the largest issue right now from a housing sales perspective other than qualifying for mortgage loans are the underwriting guidelines that are being applied by lenders. they're very strict. a lot of people
Search Results 0 to 1 of about 2